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BeachBum

03/27/13 4:50 PM

#25174 RE: 72chevnj #25169

But in the PR, they use both "dividend" and "forward split". Which is it? This is not a cash dividend on profits, this is a forward split adding 20% to the float going directly to current shareholders. Not dilution in the normal sense but still adding shares.

Board of Directors has approved a one share dividend for each five shares of common stock of the Company, which is a 1.2:1 forward split or a 20% stock dividend.